New SORPs for Charities and LLPs

Charities SORP The FRC approved the SORP for the new Financial Reporting Standard (FRS 102) and the SORP for Financial Reporting Standard for Smaller Entities (FRSSE). Access the new SORP via ACCA’s Technical Advisory webpages The Consultative Committee of...

VAT notices updated

For the most up-to-date information on VAT notices ACCA has produced a summary of VAT Notices, categorised into groups to demonstrate the additional notices available that you may not be aware of. The summary has just been updated; view the latest changes and current...

VAT across Europe

A useful summary of the VAT regimes – including rates and thresholds – across Europe is available on the ACCAs website: European VAT analysis

Access government support for exporters

Government agency focused on helping SMEs grow their export business. UK Export Finance (UKEF) is working to deliver the government’s export strategy. It helps exporters by providing guarantees and insurance policies to complement those on offer in the private sector...

A precious gift

A gift to a charity or community amateur sports club (CASC) is precious in many ways. It expresses your appreciation in a beneficial way and potentially helps the charity/CASC continue doing what they do into the future. If you decide to gift aid your donation it also...

Fees and subs – What is allowable for employees?

What is allowable for employees? Fees and subs are allowable if they are in this list and are: a statutory fee or contribution where employees pay this out of their earnings from an employment and are required to pay this as a statutory condition of their employment...

Overpaid VAT – is interest due?

Outlook remains murky following a recent court judgement involving HMRC and Littlewoods.  Brief 20/14 HMRC’ s position following the High Court Judgement in Littlewoods Retail Ltd and Others highlights that the High Court found against HMRC and that Littlewoods’...